Litecoin<\/p>\n
Litecoin rose by 0.30% on Wednesday. Following on from a 0.23% gain on Tuesday, Litecoin ended the day at $44.02.<\/p>\n
It was a mixed start to the day. Litecoin fell to an early morning low $43.43 before rallying to an early afternoon intraday high $45.05.<\/p>\n
Litecoin broke through the first major resistance level at $44.27 and second major resistance level at $44.69 before hitting reverse.<\/p>\n
The reversal saw Litecoin slide to a late intraday low $42.97 before bouncing back to $44 levels and into the green.<\/p>\n
Falling through the first major support level at $43.38, Litecoin found support at the second major support level at $42.91.<\/p>\n
At the time of writing, Litecoin was up by 0.14% to $44.08. A mixed start to the day saw Litecoin fall to an early morning low $43.90 before striking a high $44.09.<\/p>\n
Litecoin left the major support and resistance levels untested early in the day.<\/p>\n
Litecoin would need to avoid a fall back through the $44 pivot to support a run at the first major resistance level at $45.06.<\/p>\n
Support from the broader market would be needed, however, for Litecoin to break back through to $45 levels.<\/p>\n
Barring broad-based crypto rebound, the first major resistance level and Wednesdays high $45.05 would likely cap any upside.<\/p>\n
Failure to avoid a fall through the $44 pivot could see Litecoin struggle on the day.<\/p>\n
A fall back through the morning low $43.90 would bring the first major support level at $42.98 into play.<\/p>\n
In the event of another extended crypto sell-off, Litecoin should steer clear of sub-$42 levels. The second major support level sits at $41.93.<\/p>\n
Major Support Level: $42.98<\/p>\n
Major Resistance Level: $45.06<\/p>\n
23.6% FIB Retracement Level: $62<\/p>\n
38.2% FIB Retracement Level: $78<\/p>\n
62% FIB Retracement Level: $104<\/p>\n
Stellars Lumen rose by 0.91% on Wednesday. Following on from a 1.24% gain on Tuesday, Stellars Lumen ended the day at $0.071769.<\/p>\n
It was a choppy day for Stellars Lumen and the broader market. Stellars Lumen fell to an early morning low $0.070303 before making a move.<\/p>\n
Steering clear of the first major support level at $0.06985, Stellars Lumen rallied to an early afternoon intraday high $0.074263.<\/p>\n
Stellars Lumen broke through the first major resistance level at $0.0719 and the second major resistance level at $0.07297.<\/p>\n
A late sell-off, however, saw Stellars Lumen slide to an intraday low $0.069801 before rebounding.<\/p>\n
Finding support at the first major support level at $0.06985, Stellars Lumen bounced back to a high $0.071875 before easing back.<\/p>\n
The first major resistance level at $0.07190 pinned Stellars Lumen back late in the day.<\/p>\n
At the time of writing, Stellars Lumen was up by 0.16% to $0.071883. A mixed start to the day saw Stellars Lumen fall to an early morning low $0.071779 before rising to a high $0.071883.<\/p>\n
Stellars Lumen left the major support and resistance levels untested early on.<\/p>\n
Story continues<\/p>\n
Stellars Lumen would need to move through the $0.07194 pivot to support a run at the first major resistance level at $0.07409.<\/p>\n
Support from the broader market would be needed, however, for Stellars Lumen to break back through to $0.074 levels.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level and Wednesdays high $0.074263 would likely limit any upside.<\/p>\n
Failure to move through the $0.07194 pivot could see Stellars Lumen struggle throughout the day.<\/p>\n
A fall through to sub-$0.070 levels would the first major support level at $0.06963 into play.<\/p>\n
Barring an extended crypto sell-off, however, Stellars Lumen should steer clear of the second major support level at $0.06748.<\/p>\n
Major Support Level: $0.06963<\/p>\n
Major Resistance Level: $0.07409<\/p>\n
23.6% FIB Retracement Level: $0.1051<\/p>\n
38% FIB Retracement Level: $0.1433<\/p>\n
62% FIB Retracement Level: $0.2050<\/p>\n
Trons TRX rose by 1.00% on Wednesday. Following on from a 0.06% gain on Tuesday, Trons TRX ended the day at $0.016240.<\/p>\n
It was a mixed start to the day. Trons TRX fell to an early morning low $0.016007 before making a move.<\/p>\n
Finding support at the first major support level at $0.01601, Trons TRX rallied to an early afternoon intraday high $0.016460.<\/p>\n
Trons TRX broke through the first major resistance level at $0.01629 before hitting reverse.<\/p>\n
Coming up against the second major resistance level at $0.01642, Trons TRX slid to a late intraday low $0.015879.<\/p>\n
The sell-off saw Trons TRX fall through the first major support level at $0.01601 before recovering.<\/p>\n
Finding support at the second major support level at $0.01586, Trons TRX bounced back to a high $0.016240.<\/p>\n
At the time of writing, Trons TRX was down by 0.10% to $0.016223. A bearish start to the day saw Trons TRX fall from an early morning high $0.016223 to a low $0.016204.<\/p>\n
Trons TRX left the major support and resistance levels untested early on.<\/p>\n
Trons TRX would need to avoid a fall through the $0.01620 pivot to support a run at the first major resistance level at $0.01651.<\/p>\n
Support from the broader market would be needed, however, for Trons TRX to break back through to $0.01640 levels.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level and Wednesdays high $0.01646 would likely cap any upside.<\/p>\n
Failure to avoid a fall through the $0.01620 pivot would bring the first major support level at $0.01593 into play.<\/p>\n
In the event of an extended crypto sell-off, Trons TRX would likely test the second major support level at $0.01561 before any recovery.<\/p>\n
Major Support Level: $0.01593<\/p>\n
Major Resistance Level: $0.01651<\/p>\n
23.6% FIB Retracement Level: $0.0322<\/p>\n
38.2% FIB Retracement Level: $0.0452<\/p>\n
62% FIB Retracement Level: $0.0663<\/p>\n
Please let us know what you think in the comments below<\/p>\n
Thanks, Bob<\/p>\n
This article was originally posted on FX Empire<\/p>\n
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Continued here:<\/p>\n
Litecoin, Stellars Lumen, and Trons TRX Daily Analysis June 18th, 2020 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Litecoin Litecoin rose by 0.30% on Wednesday. Following on from a 0.23% gain on Tuesday, Litecoin ended the day at $44.02 Continue reading